Loan Administration Specialist - Mortgage Warehouse (Finance)
Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.
Why Join Us?
An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years)
Competitive pay and annual discretionary bonus eligible
Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
Family-friendly work hours
Promote from within culture
The Loan Admin Specialist is responsible for providing support to the Mortgage Warehouse lending staff through multiple functions associated with funding and paying down WLOC wires and managing collateral. In this role, you will work closely with the RM's, WLOC clients, and other members of the operation team to facilitate completion of the functions previously listed and deliver a high level of customer service as well as maintaining the department's compliance with all published policies and procedures.
What You'll Do
Perform a broad variety of WLOC operational functions such as funding wires, processing pay downs, and receiving and shipping collateral
Setup outbound wire requests in Webloc and verify wire instructions
Process inbound wire pay downs
Cross train for other operational functions including end of day balancing and billing process.
Qualifications
High School Diploma or equivalent
Minimum 5 years' banking and/or loan experience; commercial real estate loan servicing preferred
Exceptional customer service skills
Strong verbal and written communication skills
High level of organization and time-management with keen attention to detail
Proficient in MS Office including Excel and Word
Knowledge and understanding of various loan documents, banking processing standards, best practices, and audit control procedures
Benefits
Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance
Compensation
The estimated salary range for this role is $42,000-$60,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills and experience.
#LI-AC1
From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To be Chicago's Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.
